Jamie Dimon drops price of Gold Coast mansion to $9.5 million

JPMorgan Chase CEO Jamie Dimon has cut another $1 million from the asking price for his Chicago mansion, according to Bloomberg.

Jamie Dimon

The Gold Coast home is listed at $9.5 million, down from $10.5 million

Mr. Dimon bought the house at 25 E. Banks St. (where else would a banker live?) in 2000 when he took charge of Chicago-based Bank One Corp., which later was taken over by Chase, prompting Mr. Dimon's move back to New York.

"It's a statement home," Jim Kinney, of Baird & Warner's luxury sales, told Bloomberg of the 15,000 square-foot home with eight bedrooms and nine full bathrooms.